Home Blockchain Decentralized alternate PancakeSwap strikes into GameFi

Decentralized alternate PancakeSwap strikes into GameFi

Decentralized alternate PancakeSwap strikes into GameFi

On Could 29, decentralized alternate (DEX) PancakeSwap introduced that it had launched a brand new tower-defense GameFi sport together with BNB GameFi protocol Mobox. Dubbed “Pancake Protectors,” the sport permits gamers to make the most of the DEX’s native CAKE tokens to earn in-game rewards.

Utilities for CAKE tokens inside Pancake Protectors embrace accelerating the level-up course of, buying in-game foreign money, claiming CAKE heroes, staking CAKE to earn assets, and unlocking sport ranges. There will even be an in-game market for buying and selling CAKE heroes, which will be additional enhanced by taking part in lotteries yielding nonfungible token (NFT) improve rewards. Builders defined the sport as follows:

“Tailored from MOBOX’s MOland Protection Recreation, gamers assume the function of a commander to assemble hero characters throughout numerous ranges and have interaction in a tower protection sport. CAKE hero characters are probably the most coveted characters in-game and will be bought with CAKE tokens.

As well as, gamers combine their NFT with the in-game heroes and show it on their PancakeSwap profile. 

Pancake Protectors Gameplay

Launched in 2020, PancakeSwap has change into one of the in style DEXs, with $462 billion in cumulative buying and selling quantity and over $2.5 billion in whole worth locked.

In April, the DEX handed the Pancakeswap v2.5 tokenomics proposal to decrease its CAKE token inflation price from over 20% to a goal vary of three% to five%. The worth of CAKE tokens subsequently plunged 36% prior to now month to $1.73 on the time of publication as a result of decrease worth of nominal CAKE staking rewards. Earlier than the proposal, PancakeSwap operated a high-token-emission mannequin to incentivize consumer adoption.

Journal: Huobi staff revolt, GameFi lives, Antminer on steroids

Supply: Coin Telegraph


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